Xylem Reports Second Quarter 2020 Results, Appoints Two New Board Members
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Xylem (XYL) Tops Q2 EPS by 1c, Revenues Beat
July 30, 2020 6:58 AM EDTXylem (NYSE: XYL) reported Q2 EPS of $0.40, $0.01 better than the analyst estimate of $0.39. Revenue for the quarter came in at $1.2 billion versus the consensus estimate of $1.1 billion.
Reported net income of $31 million or $0.17 per share; adjusted net income of $73 million or $0.40 per shareRevenue declined 14% on a reported basis, and 12% organically, impacted by COVID-19Strong cash performance with free cash flow of $137 million, up 117%; and... More